STELLA CHENG WRITES – When news broke that Taiwan had not been invited to a United Nations meeting on civil aviation last month, Taiwanese President Tsai Ing-Wen expressed strong dissatisfaction and regret. Since Tsai was inaugurated in May, relations with mainland China have grown more ambiguous, affecting the smaller country…
Tag: Stella Cheng
MACAU: ODDS TURN AGAINST THE HOUSE
STELLA CHENG WRITES – How fortunes change! In 2013, Macau’s gambling industry was seven times bigger than Las Vegas’. While Sin City was lucky to make $6.5 billion, Macau, the only location in China where gambling is legal, raked in $45 billion. But the “Gold Rush in the East” seems…